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  • Uti Sunder

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    Sairam Prasath
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    UTI SUNDER is an exchange traded fund that aims to provide investment returns that closely track the performance of the S&P CNX Nifty index. It was launched in July 2003 with a fund size of Rs. 18.79 crores. As of December 31, 2007, its NAV per unit was Rs. 630.22. Over the past year and 3 years, its returns have closely tracked the returns of the underlying index with a tracking error of less than 1%. It provides investors an opportunity to enter or exit the fund based on intra-day movements in the index.

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    UTI SUNDER is an exchange traded fund that aims to provide investment returns that closely track the performance of the S&P CNX Nifty index. It was launched in July 2003 with a fund size of Rs. 18.79 crores. As of December 31, 2007, its NAV per unit was Rs. 630.22. Over the past year and 3 years, its returns have closely tracked the returns of the underlying index with a tracking error of less than 1%. It provides investors an opportunity to enter or exit the fund based on intra-day movements in the index.

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    27 views1 page

    Uti Sunder

    Uploaded by

    Sairam Prasath
    UTI SUNDER is an exchange traded fund that aims to provide investment returns that closely track the performance of the S&P CNX Nifty index. It was launched in July 2003 with a fund size of Rs. 18.79 crores. As of December 31, 2007, its NAV per unit was Rs. 630.22. Over the past year and 3 years, its returns have closely tracked the returns of the underlying index with a tracking error of less than 1%. It provides investors an opportunity to enter or exit the fund based on intra-day movements in the index.

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    UTI SUNDER

    Investment Objective
    To provide investment returns that, before expenses, closely correspond to the performance and yield of the basket of securities underlying the S & P CNX Nifty Index.
    Launch Date 7th July, 2003 Fund Size Rs. 18.79 Crores High/Low of NAV in the month Growth Option : Rs. 631.71 / 589.07 Registrar M/s. UTI Technology Services Ltd. Dividend declared (Record date) 2.5% in October 2004 (21st October 2004) 2% in May 2005 (9th May 2005) Minimum Investment Amount Authorised Participant & Other investors: 10,000 units in multiples of 1 unit. Load Structure Entry Load : Nil Exit Load : Nil No. of Unit Holding Accounts 89 Fund Manager Mrs. Swati Kulkarni NAV per unit as on December 31, 2007 Rs. 630.22

    Portfolio as on December 31, 2007


    Equity Reliance Industries Ltd. Oil & Natural Gas Corporation Ltd. NTPC Ltd. Bharti Airtel Ltd. Reliance Communications Ltd. ICICI Bank Ltd Bharat Heavy Electricals Ltd. State Bank Of India Larsen & Toubro Ltd. Steel Authority Of India Ltd. Tata Consultancy Services Ltd. Infosys Technologies Ltd. Reliance Petroleum Ltd. HDFC Ltd. Unitech Limited ITC Ltd. Wipro Ltd. Sterlite Industries (India) Ltd. Tata Steel Ltd. HDFC Bank Ltd. Suzlon Energy Ltd. Reliance Energy Ltd. Hindustan Unilever Ltd. Gail (India) Ltd. Cairn India Ltd. Idea Cellular Ltd. Grasim Industries Ltd. Net Current Assets Total Mkt. Val. (Rs. Lakhs) 222.72 140.63 109.96 100.51 81.77 72.09 67.39 66.32 64.51 62.47 56.05 53.75 53.43 42.76 42.22 41.91 40.80 38.97 36.33 32.51 29.65 26.69 25.08 24.43 24.32 19.49 17.84 3.72 1878.57 % to NAV 11.86 7.49 5.85 5.35 4.35 3.84 3.59 3.53 3.43 3.33 2.98 2.86 2.84 2.28 2.25 2.23 2.17 2.07 1.93 1.73 1.58 1.42 1.33 1.30 1.29 1.04 0.95 0.20 100.00

    Fund Performance as on December 31, 2007


    Performance comparison with Benchmark Index Compounded Annualised Returns NAV (%) S & P CNX Nifty Total Return Index (%)

    All figures given are provisional and unaudited.

    Tracking Error as on December 31, 2007


    Tracking Error Over last 1 year Over last 3 year Since Inception Non-Annualised 0.0266 0.0381 0.0464 Annualised Tracking error 0.4205 0.6025 0.7339

    1 Year 55.83 56.80 3 Years 44.45 45.57 Since Inception 51.67 47.59 Assuming that all payouts during the period have been reinvested in the units of the scheme at the immediate ex-div NAV. Past performance may or may not be sustained in the future.

    Past performance may or may not be sustained in the future.

    Performance of SUNDER vis-a-vis S & P CNX Nifty

    Industrywise Exposure (% to NAV)

    Fund Positioning UTI SUNDER is an Exchange Traded Fund, which replicates the S & P CNX Nifty. It is positioned as a low cost Fund with a listing on a stock exchange (National Stock Exchange), to provide an opportunity for the investor to enter or exit on the basis of the intra-day movements in the underlying index, rather than at the end of the day closing prices as in case of a traditional index Fund. Options Available SIP & Trigger Option

    CRISIL~CPR 2 Index scheme for methodology please refer page no. 9

    Value Research Rating for methodology please refer page no. 9

    42

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